What are capital assets?
Here’s more about capital assets, why they’re important and how they’re taxed.
Chloe A. Moore, CFP®, is a member of Bankrate’s Financial Review Board and founder of Financial Staples, a virtual, fee-only financial planning firm based in Atlanta and serving clients nationwide. The firm is dedicated to serving tech employees who are entrepreneurial-minded, philanthropic and purpose-driven.
Moore was named an Investopedia Top 100 Financial Advisor in 2020, 2021 and 2022. She has contributed to Business Insider and was featured in Financial Advisor, Wealth Management, NerdWallet, U.S. News and other outlets.
In addition to promoting financial literacy through speaking, writing and volunteering, Moore also focuses on the cultivation of female and minority financial planners. Along with three colleagues, she recently launched the BLatinX Internship Program (BLX), which provides paid internship opportunities to aspiring Black and Latinx financial planners.
Moore believes that money is an emotional topic and it impacts many aspects of our lives. She enjoys helping clients unpack their money history and discover how they can use money to support a life that is most meaningful to them.
Here’s more about capital assets, why they’re important and how they’re taxed.
Affordability was a key reason for the win, since many retirees live on limited incomes.
Securing multiyear approval reduces credit score impacts and brings peace of mind.
It might be possible to use funds from your IRA to buy a house.
You may have to get creative to pay for your student loans with a credit card.
These are the credit cards I’m packing this summer to save money and improve travel.
Choosing between travel or savings this summer? It’s possible to budget for both.
Evaluate your loan types, amounts and rates to create your repayment strategy.
We appreciate your feedback
Thank you for taking the time to share your experience.